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US dollar in Argentina at an all time record of 16.08 Pesos

Saturday, September 26th 2015 - 09:43 UTC
Full article 78 comments

The unofficial or 'blue' US dollar exchange rate in Argentina hit an all-time high of 16.08 Pesos at the end of trading on Friday, due in part to policy uncertainty ahead of the October 25 presidential election, according to local market sources. Read full article

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  • hurricane

    Well, well, well, I guess the smoke and mirrors of the China currency swap is starting to clear and guess what ---- no dough ! I'm shocked I tell you ! You mean to tell me that the currency swap didn't fix things ? This is an outrage !!
    Well, in this case I recommend a new barrage of made up facts and statistics. We simply cannot have the low info voter sniffing around and getting confused with the truth. Hurry up with some freshly made up stats. Pull them out of ----, well from wherever you normally pull them out of, but make it quick !!!

    Sep 26th, 2015 - 11:14 am - Link - Report abuse 0
  • lsolde

    lts all the Falklands fault!
    Why if we had las miserables, er las mistrales, er las you know what l mean, none of this would be happening.
    There would be $16 to one peso!
    Stubborn lslanders, don't they know that we want to screw them, l mean, liberate them?
    We will respect their way of life, (suppressed giggles off stage), respect their language(the same way we respected the Welsh language!),
    We will take all their oil, l mean we'll share it out.
    Can't understand why there is no takers.

    Sep 26th, 2015 - 11:54 am - Link - Report abuse 0
  • ElaineB

    They cannot stop the rot. They have been trying all week to manipulate the market, raiding the caves and using intimidation, but people don't trust the peso. I spoke with a friend in BsAs a few days ago and she said inflation is the main topic of conversation with everyone, it is out of control.

    @2 But, of course, it is all your fault. If only they had the Falklands all of Argentina's problems would magically disappear. Fortunately, I can confirm that this is NOT the topic of conversation on everyone's lips. They are too busy trying to survive the raging inflation.

    Sep 26th, 2015 - 12:33 pm - Link - Report abuse 0
  • The Voice

    I am really surprised that the Argentinian economy hasnt collapsed. Its like a propped up dam thats going to finally give way in a spectacular fashion. When it does its going to ruin so many lives.

    Sep 26th, 2015 - 01:02 pm - Link - Report abuse 0
  • Brasileiro

    Write what I will say now: Brazil and Argentina will stop accepting dollar in its transactions with the rest of the world, including tourism.

    This is the end of the dollar.

    Sep 26th, 2015 - 01:23 pm - Link - Report abuse 0
  • ElaineB

    @5 “This is the end of the dollar” Hahahaha.

    Sep 26th, 2015 - 02:17 pm - Link - Report abuse 0
  • Brasileiro

    For us it's the end of the dollar! You can do whatever you want, but this is the end of the dollar!

    https://www.youtube.com/watch?v=GD2THFRoYW0&list=FLmXPTu1f8AdGlizWNiASx2A&index=12

    Now We Are Free

    Sep 26th, 2015 - 02:25 pm - Link - Report abuse 0
  • ElaineB

    @7 I don't click links and neither should you. Believing in a fantasy is giving you a warped perspective of the real world. Hunting for fodder to feed your dreams is unhealthy.

    Sep 26th, 2015 - 03:33 pm - Link - Report abuse 0
  • Brasileiro

    I will also die. The only danger there is that I have placed an interplanetary virus that will make you a robot like me.

    Perhaps a virus to find you and send a guided missile.

    If you've never seen my videos I'm sure your life is a little sad. But at least you're honest and never cursed me.

    Sep 26th, 2015 - 03:42 pm - Link - Report abuse 0
  • Chicureo

    To the deluded little creature that boasts the intellect of a retarded monkey:

    The Euro, Pound and Dollar will always be greatfully welcomed anywhere you travel, including failed states like North Korea, Somalia, Syria as well as where the Dollar has become the National currency including Eucador and Zimbawe.

    Sep 26th, 2015 - 05:27 pm - Link - Report abuse 0
  • The Voice

    Chicureo, wrong, you didnt include Argentina where the $ is now the preferred currency.

    Nostril, shut up! You need treatment. Go get it.

    What with the Pope praising the yanks Tobys world is disolving around his ears…

    Sep 26th, 2015 - 05:31 pm - Link - Report abuse 0
  • bushpilot

    @9 Anti-white Nazi

    Write what I will say now:

    Soon interplanetary aliens will come and remove all the white people from earth. None will remain, not one, they will all be gone!

    This is the end of the Gringo. Oh, the Glory of it All!!!

    Now We Are Free!

    Sep 26th, 2015 - 05:55 pm - Link - Report abuse 0
  • Chicureo

    #11 Voice

    I'm a Chilean national that travels on an infrequent basis to San Juan and Mendoza. Everyone knows to carry dollars which are greatly preferred.

    In Chile, it's completely legal to maintain bank accounts in foreign currencies, especially the Dollar and Euro. Unlike Brazil, Venezuela and Argentina, Chile has a free open exchange with no silly restrictions.

    Sep 26th, 2015 - 06:05 pm - Link - Report abuse 0
  • ElaineB

    @9 Why make yourself look silly? You just undermined your own credibility.

    It is true that Argentines are desperate for hard currency, like the dollar.

    Sep 26th, 2015 - 06:33 pm - Link - Report abuse 0
  • Brasileiro

    Currency and religion is not my forte. I'd rather make money producing and appreciating what we produce.

    Viva nossa irmã!

    https://www.youtube.com/watch?v=d9EEpaEDlJQ

    Sep 26th, 2015 - 06:53 pm - Link - Report abuse 0
  • bushpilot

    Then shut your gob about it.

    Sep 26th, 2015 - 06:56 pm - Link - Report abuse 0
  • ElaineB

    @15 You make money? Really? You do surprise me.

    Sep 26th, 2015 - 07:21 pm - Link - Report abuse 0
  • Brasileiro

    Yes.

    https://www.youtube.com/watch?v=JN0thEOL99M&list=FLmXPTu1f8AdGlizWNiASx2A&index=140

    Sep 26th, 2015 - 07:34 pm - Link - Report abuse 0
  • ElaineB

    @18 I don't click links.

    Sep 26th, 2015 - 08:05 pm - Link - Report abuse 0
  • The Voice

    @17 ElaineB… burger flipping pays! :-)

    But, not much..

    Sep 26th, 2015 - 08:09 pm - Link - Report abuse 0
  • lsolde

    Brasileiro, you continue to astound me!
    How can anyone be so stupid as yourself?
    Why do you support the Argentines?
    They have no respect for you,
    Well, they have no respect for anyone, including their own countrymen.
    Artificial or not, the US Dollar is riding high at the moment, so whats not to like?
    Lot more powerful than Argentina & Brazil currency.
    l suggest that you take your medicine before bed, Brasileiro.

    Sep 26th, 2015 - 08:15 pm - Link - Report abuse 0
  • ElaineB

    I am still waiting for TTT's 'Project' to come to fruition. It seems he has a rival in Brasileiro. Two evil geniuses operating in South America vying for supremacy. Who will win?

    Unless they are one and the same.

    Sep 26th, 2015 - 08:48 pm - Link - Report abuse 0
  • Brasileiro

    His madness has not infected me!

    Sep 26th, 2015 - 08:48 pm - Link - Report abuse 0
  • Chicureo

    My suggestion is to dump all your Dollars in Brazil and invest in the Brazilian Real which you should stuff under your mattress. (In a year, you'll still have at least 20% of its original buying power.)

    Another great piece of advice is to quickly start learning Mandarin Chinese as you need it to communicate with your new masters of the Brazilian economy.

    Finally, take heart. Your country has been plundered and sold to the yellow race, but at least it wasn't too terribly infected by the white Anglo Saxon plague. Your rich natural resources will not be much longer dominated by Europeans...

    Sep 26th, 2015 - 09:02 pm - Link - Report abuse 0
  • Mick23

    Does anyone remember the hyperinflation Argentina had the middle late 90's... Clerks changing the prices at the register to account for the constant devaluation..???

    It won't be long now... Another train wreck just around the corner ... It's as though the expect it of themselves... Funny breed that lot!

    Sep 26th, 2015 - 10:00 pm - Link - Report abuse 0
  • Chicureo

    I remember well.

    So do most Argentinians, yet they continue to support the Peronist insanity...

    Sep 26th, 2015 - 10:46 pm - Link - Report abuse 0
  • Tarquin Fin

    @25 Mick23

    Just to straighten up the facts. What we had in the late 90s was a huge recession. The hyperinflation happened during the first half of 1989.

    Of course I remember it well. Fortunately I have never supported Peronism nor do I plan to.

    Sep 27th, 2015 - 12:37 am - Link - Report abuse 0
  • Mick23

    @27 Tarquin

    Pardon me .. I was ten years out ... I was first in Bs. As. in '91 and had this related to me by people who worked for the firm that had me there... Sometimes it al becomes a blur... Glad to hear you are an anti Peronist.. What a bunch of pillocks they are..

    Sep 27th, 2015 - 01:49 am - Link - Report abuse 0
  • Tarquin Fin

    @28 Mick,

    You don't need to apologize. I just wanted to point that out for clarity's sake. Argentina is really confusing. Some insights about this mess, I've only come to make way into my 40s. :P

    You do make a good point. It is hard to understand how still so many people in Argentina support Peronism after all the wreckage they've caused. I've been born and raised here and still haven't figured that out ...

    Sep 27th, 2015 - 02:03 am - Link - Report abuse 0
  • ilsen

    My! Oh! My!
    This thread has gone off the scale!
    lol!

    Sep 27th, 2015 - 03:57 am - Link - Report abuse 0
  • Great_coral_aTrolL

    @26

    We also remember 25% unemployment, -3% deflation, world's highest utility rate, and 60% poverty rate, brought to you by CAPITALISM.

    And for the record, I am not Brasileiro. Call me all you people want, but I have always used ONE NICK and ACCOUNT at a time.

    But you all are still foreign twats, viva Sakoku.

    Sep 27th, 2015 - 07:58 am - Link - Report abuse 0
  • Skip

    And who is to blame if you can't even get capitalism right?

    Most of the rest of the world has used it better than Argentina. Christ, even China which is communist supposedly has used capitalism to its benefit.

    Consider what well-harnessed capitalism has done to my country as opposed to Peronist-retarded capitalism has done to Argentina.

    Why is it, since Australia and Argentina were almost equally wealthy, that Australia has never suffered “25% unemployment, -3% deflation, world's highest utility rate, and 60% poverty rate” since our paths diverged?

    I would posit that the difference lies in those elected to govern and those employed to implement the rules.

    Our government is not held back by an Argentinean education I suppose.

    Sep 27th, 2015 - 08:25 am - Link - Report abuse 0
  • Great_coral_aTrolL

    In the 1990s, the country was HANDED OVER to EUIANS, NORTHAMOANS, JAPPERS, CHILIS, BRAZZOS, and yes even OZZERS.

    Your education seems to fail you, since in the 1990s Argentina privatized everything from utilities, to airlines, to television, to roads, to factories, to mines, to airports, ports, oil companies, food companies, heck even schools were privatized.

    So... what part of privatized you fail to get? Government had no hand in running anything in the 1990s. But USA, Canadian, Mexican, Chilean, Brazilian, Spanish, French, German, British, Italian, Japanese, Australian, South African, Chinese, etc companies DID.

    They all ran the country into the ground.

    They bought the companies, failed to invest a penny, moved all the profits overseas.

    That is the legacy of FOREIGN run CAPITALISM.

    Thank you, but no thank you.

    Sep 27th, 2015 - 08:31 am - Link - Report abuse 0
  • Chicureo

    #33

    My what a brilliant example... Take Argentina and Chile's airlines....

    Both LAN Chile and Aerolinias Argentinas were state owned and were both privatized: LAN has become the highest rated and profitable airline in Latin America. Aerolinias was re- nationalized and loses a fortune each year... Service is dismal.

    There are several other examples, but the main reason why Argentina Peronist politicians like their companies nationalized is that's it's far easier to plunder their assets.

    Sep 27th, 2015 - 09:08 am - Link - Report abuse 0
  • Skip

    Nostrils

    That was Peronist-retarded privatisation. In other words, they did it wrong.

    It isn't enough to privatise and then just pocket the cash. Which I'm sure in Argentina's case was usually a corrupt politicians. You have to put in a legislative framework.

    Argentina didn't.

    1990
    Australian Industry Development Corporation
    NSW Investment Corporation
    1991
    State Bank of Victoria
    Commonwealth Bank
    1992
    Loy Yang B power station
    Portland Smelter Unit Trust
    AUSSAT
    QANTAS
    GIO
    State Insurance Office
    1993
    Heatane Gas
    NSW Grain Corporation
    SAGASCO
    1994
    Gladstone Power Station
    NSW State bank
    Moomba to Sydney gas pipeline
    CSL
    Tabcorp
    Grain Elevators Board
    1995
    Collinsville power station
    Pipelines Authority of South Australia
    United Energy
    GFE Resources
    Solaris Power
    Powercor
    Eastern Energy
    Citipower
    Aerospace Technologies of Australia
    Port of Geelong
    Port of Portland
    State Government Insurance Commission
    1996
    Transurban
    Bank West
    Commonwealth Bank
    Commonwealth Funds Management
    Suncorp-Metway
    Yallourn power station
    Hazelwood Power station
    Bank SA
    Axiom Funds Management
    Forwood Products
    World Trade Centre
    Victorian Plantations Corp
    1997
    Loy Yang B power station
    Powernet Victoria
    Australian National Rail
    Brisbane Airport
    Melbourne Airport
    Perth Airport
    Telstra
    State Gas Pipeline
    1998
    Adelaide Airport
    Darwin & Alice Springs airport
    Canberra airport
    Hobart Airport
    Dampier-to-Bunbury natural gas pipeline
    Australian Industry Development Corporation
    1999
    Ecogen Energy
    Queensland TAB
    Gascor
    ETSA transmission
    Westar/Kinetik
    Miltinet/Ikon
    Gasnet
    Telstra
    2000
    Broadcast Australia
    Torrens Island power station
    Alinta Gas
    Electranet

    You see Austrlaia also privatise banks, utilities, roads, rail, seaports, airlines, airports and other infrastructure.

    Most to foreign buyers.

    And we obviously did it right because it has only made our country richer, more productive and more competitative.

    As I said 'Our government is not held back by an Argentinean education I suppose.'.

    Sep 27th, 2015 - 09:36 am - Link - Report abuse 0
  • ElaineB

    TTT seems to prefer State Capitalism to Capitalism.

    How well they have steered the topic away from the worthless peso and rampant inflation. It really is not at its worst yet.

    Sep 27th, 2015 - 10:01 am - Link - Report abuse 0
  • The Voice

    Brassole/Nostril. One consolation - Argentina could become the leading supplier to Venezuala of toilet paper, the Argentinian Peso!

    You dont want $s, but how many more Pesos will you offer in exchange? Whatever identity you choose they are complete nonsense as per usual…

    Sep 27th, 2015 - 11:06 am - Link - Report abuse 0
  • ElaineB

    I think it is really sad that TTT and/or Brasileiro seem to wish their countries to dissolve into poverty. They are happy to let the people in power steal from their countries as long as they do it in the name of socialism.

    Fortunately neither will ever have any power.

    Sep 27th, 2015 - 11:20 am - Link - Report abuse 0
  • Skip

    Even after Argentina's meltdown, Australia (amongst others) continued to privatise.

    2001
    Bell Bay power station
    2002
    National Rail Corporation and Freightcorp
    2003
    Millmerran power station
    2005
    Roaring 40s Renewable Energy
    2006
    DirectLink
    Australian Railway Group
    Murraylink power connector
    Allgas energy
    Sun Retail
    2007
    Powerdirect
    2010
    Tatts Group
    QR National
    2012
    Port Kembla and Port Botany
    2014
    Queensland Motorways
    Rural Finance
    Medibank Private

    And after those 15 years of privatisations we have yet to suffer even 10% of the problems that Argentina did.

    There's dozens of countries that can say the same thing.

    We obviously did it better.

    Sep 27th, 2015 - 11:31 am - Link - Report abuse 0
  • The Voice

    Elaine, though there is nominally democracy in Argentina the poor are bribed one way or another to vote for Kirchnerism. Either its by benefits and pensions that Argentina cannot actually afford, or by outright bribery as various reports confirm. So Brassole/Nostril are the recipiants of benefits or bribes, or they are paid, or more likely simply stupid? You choose?

    Sep 27th, 2015 - 11:42 am - Link - Report abuse 0
  • CaptainSilver

    #38 Do these idiots even realise the scale of the theft? Argentinas government is simply printing Pesos to dish out to their supporters which is a recipe for inflationary disaster. Meanwhile those in power are salting away hard currency, £s, $s and €s abroad to assure them a comfortable life when it all collapses. The press is controlled. Its only foreign media and forums like this that expose the folly and corruption.

    Sep 27th, 2015 - 11:52 am - Link - Report abuse 0
  • ElaineB

    @40 Yes, I am well aware of the bought votes. People will sell their Grandmothers for candy floss when they are hungry, I guess.

    Give hope - even if it is only words - to the hopeless and they are easily bought.

    @41 I saw CFK was filling her twitter account with a furious rant about her son's wealth being exposed in Clarin. I haven't got around to looking into it today but surely Fat Max has never had a proper job in his life. He may have inherited some money after his father's death but how did Nestor get that rich?

    Why do the poor, like Brasileiro and TTT, excuse the theft of their money by corrupt politicians? Because given the opportunity they would do the same?

    Sep 27th, 2015 - 12:14 pm - Link - Report abuse 0
  • Conqueror

    @5. I agree. And what will replace it? The rouble? The yuan? The won? The peso? Did you know that, in all those wonderful currencies, your pen runs out of ink before you can write all the zeros? Do give us the benefit of your vast knowledge of economics.
    @7. You mean that you don't pay. Much like argieland. It's also called theft.
    @9. “I will also die”. Promises, promises. Can you hurry up? The air that you're breathing is required urgently elsewhere. Ants, beetles, cockroaches, worms all need air. Which breed of alien are you?
    @18. How often do you bend over every day?
    @23. Your own version of psychosis then?
    @31. Which day was that? Or was it just a particular hour?
    @33. I think you're forgetting the resurgence of peronism. Otherwise known as the “wish and it will be so” syndrome. How easy it is to see the parallel with somewhere like Zimbabwe. “I have no idea what I'm doing but elect me and everything will be fine”. Seize land from white farmers and hand it over to black people whose agricultural knowledge is limited to “dig hole, put in seed, pour in water”. And cap the argie experience by “electing” the Kirchner crook.

    You seem to have a problem with recognising that, when an economy is going wrong, it cannot be solved between Monday and Tuesday.

    Sep 27th, 2015 - 01:54 pm - Link - Report abuse 0
  • Chicureo

    Conqueror

    Sad thing really is that Zimbabwe seems to currently have a better run government than Argentina. Zimbabwe has a stable currency: the US Dollar, they are not in any messy non- functioning trade alliances and they're not trying to take anyone else's territory.

    Plus, Mugabe is a much nicer and trustable president than Cristina...

    Sep 27th, 2015 - 05:07 pm - Link - Report abuse 0
  • FitzRoy

    @44: That's saying something!!!
    It's a shame that these “people” seem to want to blame capitalism. They don't pick up on the “corruption” label at all, do they? We've had capitalism for a very long time and as long as the checks and balances are all in place, things seem to go ok. Yes, there will always be corruption, but nothing like on the scale practiced by “governments” in S. America. It's a shame Brars'ole and his friends can't, or won't, see it for what it is.

    Sep 27th, 2015 - 06:54 pm - Link - Report abuse 0
  • Chicureo

    #45

    It really is a sad comment when one of one of the worst nations on earth, like Zimbabwe, has a better run government than CFK's...

    What a disgrace!

    Sep 27th, 2015 - 07:16 pm - Link - Report abuse 0
  • Enrique Massot

    The crux of the matter in Argentina facing the October 25 presidential election is simple, and regards the distribution of the national income.
    Marketer presidential candidate Mauricio Macri aspire to enable the wealthy to capture 70 per cent of the national income, leaving a meager 30 per cent in the hands of the workers. Macri has said in the past that wages must go down to lower production costs and improve the bottom line.
    During his first and second presidency, Juan Perón tipped the scale to 50-50, causing howls among Argentina's backward, conservative oligarchy.
    After 1955's “Revolución Libertadora,” the wealthy got things “back to normal,” capturing again 70 per cent of the income.
    Kirchnerism took things back to 50-50.
    Macri is now striving to debunk Kirchnerism, to again concentrate wealth in the hands of a few.
    The rest is smoke, mirrors and postings in MP.

    Sep 27th, 2015 - 08:23 pm - Link - Report abuse 0
  • ElaineB

    @47 The wealth is in the hands of the few now. The K's and their cronies.

    Have you bought that ticket to go and see the reality? Or are you afraid of your fantasy being shattered?

    Sep 27th, 2015 - 09:52 pm - Link - Report abuse 0
  • ilsen

    50-50 of nothing is worse than 70-30 of something.
    Why not enable more people to achieve wealth, rather than keeping them reliant on state handouts?
    Or are you desperate for votes?

    Sep 28th, 2015 - 12:41 am - Link - Report abuse 0
  • Chicureo

    #49 Ilsen

    From the mentality of the Peronists, 95% of the country's wealth for their Swiss bank accounts with 5% left over for the peasants is a far more attractive proposition.

    Sep 28th, 2015 - 02:14 am - Link - Report abuse 0
  • ilsen

    @ 50 Chicureo
    true !

    Sep 28th, 2015 - 02:35 am - Link - Report abuse 0
  • Klingon

    As I predicted, Killichoff is running back to China for a quick payday loan to get them through to the elections.

    Sep 28th, 2015 - 10:27 am - Link - Report abuse 0
  • pgerman

    @47

    As regards the official Central Bank weekly reports: The current monetary base (at the official U$D rate) is U$D 58.000 millions with a “nominal” official reserves of U$D 33.0000 millions. In addition, the REAL monetary base is around U$D 20.000 million...so the price of the U$D will increase a lot during the next months.

    But no only thios, Axel Kichiloff started his job as Economy Minister on 20/November/2013 and the U$D cost AR$ 6.04. Now, almost two years later the U$D cost AR$ 9.40...this means a devaluation of 55% in two years time.

    These are figures taken from the official Central Bank reports, the rest is smoke, mirrors and yo0ur postings in MP.....

    Sep 28th, 2015 - 12:10 pm - Link - Report abuse 0
  • Mick23

    Hey ... With all of this spouting of money talk ... Where is Yankee Boy? He has a rather enlightened perspective on this sort of thing normally... He needs to chime in and give the low-down on all of this ...

    Sep 28th, 2015 - 12:34 pm - Link - Report abuse 0
  • ElaineB

    @54 Maybe on vacation?

    Sep 28th, 2015 - 12:53 pm - Link - Report abuse 0
  • Mick23

    Possibly so... In the mean time we can all easily say the land of silver is sorely without... The “K”rooks have it all... A pity !

    Sep 28th, 2015 - 01:08 pm - Link - Report abuse 0
  • Enrique Massot

    #48 Elaine B
    I don't need to buy a ticket Elaine. The polls and the partial elections held so far tell me what the reality is in Argentina right now.
    That reality totally dismisses what you can see in some news reports that don't give the full picture--the one electors see.
    And when people vote and vulture cheerleaders here dismiss the vote of the poor as unreliable and bent to be bought, they are in fact crying out loud for a return to the “qualified vote” the elites loved so much in the past.
    A past to which we are not going back now.

    Sep 28th, 2015 - 01:08 pm - Link - Report abuse 0
  • ilsen

    'we'???

    arf! arf! what role are you playing in the great struggle, eh Enrique?

    Sep 28th, 2015 - 01:20 pm - Link - Report abuse 0
  • Mick23

    @55
    I think the mascot needs to pull the head out ... from you know where.. gitt!

    Sep 28th, 2015 - 01:22 pm - Link - Report abuse 0
  • ElaineB

    @57 You are a fool. If you want to believe your fantasy from the safety of Canada, that is your choice. But you have no credibility at all.

    Sep 28th, 2015 - 01:43 pm - Link - Report abuse 0
  • Chicureo

    #58 ilsen

    Enrique's role is he plays the mentally challenged village idiot.

    #59 Mick

    “Mascot” has a similar current delusion of the infallibility of his Peronist masters as the die hard loyal Nationalist Socialists had of their Nazi regime in 1945...

    Meanwhile the vast natural resources of Argentina are being mortgaged for the next several decades at ridiculous amounts to China.

    Meanwhile the peasants wait in line for their chori pans...

    Sep 28th, 2015 - 01:43 pm - Link - Report abuse 0
  • pgerman

    Yesterday I watched (on youtube) a video of an interview from an argentine TV program made to Daniel Scioli some years ago praissing Carlos Menem's privatization politics.....so...be alert !!!!...peronism can surprise all of us again soon !!!!

    Sep 28th, 2015 - 02:00 pm - Link - Report abuse 0
  • chronic

    So, rotting roadkill is a WINNER.

    And, brazzer is now FREE.

    The world has been DOMINATED by brics.

    The vatican bank will be reformed by popsy.

    The forward staging of ruskie war material in arabia is starting to progess.

    Reeeeekie isn't afraid to go home to the motherland but his cannuck committments prohibit him.

    And the peso is headed to 20.

    lol

    Sep 28th, 2015 - 02:28 pm - Link - Report abuse 0
  • pgerman

    Dear Enrique, please, read this article about the reserves:

    http://www.lanacion.com.ar/1831745-para-evitar-que-caigan-las-reservas-le-pidieron-mas-credito-a-china

    Regards

    Sep 28th, 2015 - 02:41 pm - Link - Report abuse 0
  • Pugol-H

    @47 Enrique Massot
    “Kirchnerism took things back to 50-50.”

    And made herself very rich in the process. And that is with just what we know about.

    Whilst running up large national debts for her successor, and of course the newly 50-50 people, to pay back.

    Or not?

    Sep 28th, 2015 - 04:32 pm - Link - Report abuse 0
  • Mick23

    @64
    Interesting reading ... A total of 13B... from the Chinese .. and we all know what they are like ... Poor Peones .. Soon a Chori Pan may be hard to find as stated Chicureo
    Mascota ... Any comments ... I read that Canada had a 1.9B supplement .. Maybe you could ask them for a loan to help out the Fraters “K”

    Sep 28th, 2015 - 04:34 pm - Link - Report abuse 0
  • ElaineB

    I realise Enrique is really only here to shit-stir because if he had any moral fibre he would go to Argentina to see the reality rather than read La Campora bulletins. He bases his statements on pure propaganda and chooses to spread it from the safety of a wealthy, stable and safe country. Argentina is none of those things.

    It makes me feel very sorry for the Argentines left to suffer the mismanagement of the economy by a minister whose only qualification is that he flirts with CFK. And a mentally unstable, greedy President who mocks the poor and is only interested retaining power so she can steal more from them.

    I am more patriotic about Argentina than Enrique. I care about the people living there and have seen the reality.

    Sep 28th, 2015 - 04:49 pm - Link - Report abuse 0
  • Chicureo

    Elaine

    It's obvious from reading your many posts that you have a real perspective of the situation in Argentina.

    My two friends residing in San Juan and Mendoza continue to report how each month is worsening. Their naval pensions are on average being paid 40 days after the end of the month.

    Sep 28th, 2015 - 05:17 pm - Link - Report abuse 0
  • ElaineB

    @68 I have a better perspective than Enrique the fantasist. It is so easy to romanticise a place you don't really know or have to live there and deal with the problems.

    I have a real affection for Argentina and can see clearly just how despicable CFK and her government really are.

    Sep 28th, 2015 - 06:12 pm - Link - Report abuse 0
  • sceptic64

    #5: “Write what I will say now: Brazil and Argentina will stop accepting dollar in its transactions with the rest of the world, including tourism.

    This is the end of the dollar.”

    You, sir, have made my day. I am, quite literally, gonna have to pick my jaw up from the floor now.

    Your insanity is remarkable.

    Sep 28th, 2015 - 06:16 pm - Link - Report abuse 0
  • Chicureo

    Brasshole's grand scheme is to continue devaluation of the Real against the Dollar and to no longer accept the American money in trade.

    Sep 28th, 2015 - 09:13 pm - Link - Report abuse 0
  • Tarquin Fin

    I would usually have so many things to say ... but I am tired somehow.

    I guess I have come to terms with myself regarding my roots in this country. The more I learn about my history the more convinced I am that nothing has really changed in the las 150 years.

    Crisis, defaults ... well, way back since the 1890s.

    We are definitely a people that some find charming, some obnoxious, but I guess that what we ultimately are, is a people that hasn't learned its lessons.

    Weather it comes branded as “Peronist”, “Radical”, “Progressive”, “Liberal”, the contents of the package are the same. Just different colours and print.

    This is where hunger meets with the cravings ...
    a ludicrous attitude of “wanna-be-ism” and some washed down version of “live and let live” that totally misses the point.

    To my fellow country-men: THINGS ARE SIMPLER THAN WHAT YOU THINK!!

    My parents -just like most parents in the world- used to tell me that I could play only after I did my homework.

    Isn't that the simplest and most effective advice anyone could ever receive?

    It taught me that you first produce, then get paid, then you enjoy life.

    Quite a big number of people in this country wouldn't see the obvious benefit of such behaviour. Then ... how do you expect them not to vote for crooks?

    Just blunt simplicity.

    Sep 29th, 2015 - 12:24 am - Link - Report abuse 0
  • ElaineB

    @72 Interesting comments. What you are saying is there has to be a cultural change in order for Argentina to reach its full potential. And the cult of Peronism - which has many political faces - is a hindrance.

    You are right, of course, because the cult of Peronism can only exist with a large population of poor people. Give them a little hope but nothing that will make them self-sufficient.

    Sep 29th, 2015 - 02:20 am - Link - Report abuse 0
  • SebaSvtz

    @ 72

    VERY well said. Spot on.

    Sep 29th, 2015 - 12:04 pm - Link - Report abuse 0
  • Chicureo

    #72

    Your profound thoughts reflect what many sane Argentines and their Latin neighbors think as well. There have been so many great opportunities for Argentina to progress that have been destroyed by political corruption.

    Sep 29th, 2015 - 02:44 pm - Link - Report abuse 0
  • Enrique Massot

    #72 Tarquin Fin
    “Weather it comes branded as “Peronist”, “Radical”, “Progressive”, “Liberal”, the contents of the package are the same.”
    Dear compatriota:
    Not surprisingly, your reflections have attracted the commiseration of islanders and even from our regular Trasandino, intellectual of tanks and gunboats.
    I would advise you not to lose hope. The battle for the larger piece of cake never ceases, and there always are people ready to face the challenges.
    For somebody who saw four coup d'etats and two internal coups in 21 years, I'd say Argentina is doing well, keeping democratic governments for the last 30 years.
    I perhaps tend to see the glass half full. But cynicism and hopelessness is the biggest threat. Some are hiding in the shadows, waiting for the occasion to get their hand on the cake.

    Sep 29th, 2015 - 08:22 pm - Link - Report abuse 0
  • NFLD

    @76 Enrique
    Correct. From the 30's until the Falklands War, only one elected Argentine government was allowed to compelte it's mandate (Peron). Since the war, democracy and no coup d'etats. Coincidence?
    There should be a statue of Baroness Thatcher in the centre of the Plaza de Mayo, as she apparently did more to imbed democracy in Argentina than anyone else in hostory.

    Sep 30th, 2015 - 05:22 am - Link - Report abuse 0
  • Tarquin Fin

    @ 77
    Of course! Let's just plan for an entire theme park by including our buddies Videla, Pinochet, Kissinger, Lopez Rega, Stroessner, The Bushes, Hitler ... and of course, silly me, Darth Vader.

    @76
    Yes and no. However, there's something that we both can proudly shout out loud together:

    NUNCA MAS!!

    Sep 30th, 2015 - 06:03 am - Link - Report abuse 0

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